🗽🗣 Elon Musk: America's on a path to bankruptcy... Interest payments on our national debt are now higher than the defense department budget. #macro
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🆕👀 #USDG Anchorage Digital, Bullish, Galaxy Digital, Kraken, Nuvei, Paxos and Robinhood have partnered to release a new stablecoin network.
The Global Dollar Network aims to accelerate stablecoin adoption worldwide and to incentivize new use cases for the stablecoin USDG. theblock.com
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💰 Top Fundraising Rounds conducted in October
Projects that received the most funding are Praxis, ($525M), a decentralized network state platform, Blockstream ($210M), a #BTC-focused blockchain technology company, and Azra Games ($42.7M), an RPG gaming studio.
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📊👀 #BTC IntoTheBlock: This chart shows long-term Bitcoin holders' balances
This cycle marks some clear differences from previous ones. While long-term holders are selling, it's less aggressive than in past bull peaks.
This moderate sell-off suggests a shift, with investors showing caution about BTC’s current market stage.
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📈👀 #SOL recently saw a massive spike in on-chain transfer volume, peaking at around $224 billion in a single day - nearly 3x the entire market cap of SOL ($76B) moving within 24 hours.
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💰 Vlayer raised $10 million in a pre-seed funding round from a16z, Credo Ventures, BlockTower, and others. theblock
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🐶📈 #DOGE Despite the recent price dip, the Dogecoin network is still expanding, adding over 35,000 new DOGE addresses daily.
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🕵️♂️ #SCR Whale Christian2022.eth transferred 644,852 SCR ($368,000) received during the airdrop to Binance
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JUST IN: 🇺🇸 State of Michigan pension fund still HODLs its $7 million in 💰 Bitcoin ETFs, SEC filing reveals
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📊👀 CCdata: While the #USDT market capitalization increased by 0.57% over the month and reached ATH (>$120 million billion), capitalization of #USDC and #DAI fell by 4.43% and 2.43% respectively.
At the same time, #USDE capitalization from Ethena Labs increased by 3.04% to $2.61 billion
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📊👀 RootData: October's total funding reached $780 million, a 28% increase from September ($610 million). 95 publicly announced Crypto VC investment projects in October, down 3% from September. Stripe acquired Bridge for $1.1 billion. Blockstream raised $210 million through convertible notes.
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🇰🇷 #BTC South Koreans are paying 2.2% higher prices for Bitcoin as #FOMO kicks in. The "Kimchi Premium" is back.
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🙋♂👀 #BICO Biconomy purchased Klaster, a blockchain abstraction specialist, to create a modular execution environment (MEE).
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🇺🇸🙋♂️ Nearly half of voters see crypto, blockchain, and automation as the future of finance, per The Harris Poll.
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🌐🚀 #SUI Ecosystem is thriving in 2024
From #DeFi platforms like DeepBook and Kai Finance to #NFT Marketplaces like hyperspace and TradePort, and innovative Wallets like Sui and Ethos Wallet—SUI is building a robust ecosystem.
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📊 Santiment notes noticeable reducing the number of non-empty wallets with #BTC, which "is a clear sign of FUD, which is usually associated with future bullish price performance."
Also fix the fall wallets with #USDC and sudden growth of wallets with #DOGE 🐶
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🔓 Top 7 Biggest Token Unlocks in the Next 7 Days: #NEON, #CFX, #GAL, #XAI, #CELL, #AI, #CETUS
November’s set to be a turning point in crypto with $2.62 billion in new token supply about to enter the market
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🥳🤝 #JTO #KMNO Jito in collaboration with Kamino Finance launched Jito Market, an isolated lending market for highly capital-intensive SOL loans. #SOL
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🔝 Top 10 KOLs by CT mindshare in the last 30d, according to Kaito
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🇺🇸 JUST IN: Crypto whales place major bets on a Trump victory ahead of the US election, holding over 50% of “Yes” shares on prediction markets.
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🗽👀 #BTC #ETF Michigan State Pension Fund owns BTC-ETF worth >$6.9 million. sec.gov
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🇬🇧🗣 #BTC UK pension fund advisor Cartwright: Bitcoin has a unique asymmetric risk-return profile. A small allocation can have a big positive financial impact.
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💰🤝 #TON Accelerator introduced Synergy is a $5 million initiative aimed at promoting cross-chain innovation between the TON network and its EVM partner Mantle.
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📈👀 Theblock Analyst: Most crypto market indicators increased in October: The total volume of transactions on the network increased by 28.1%; #NFT market volume on Ethereum +26.5%; trading volume on CEX +16.3%; open interest in futures - ATH.
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🙋♂👀 #SKY #MKR Co-founder of Sky (formerly MakerDAO) trains a proposal for “strictly deflationary tokenomics” to stop the issuance of tokens and reduce the overall supply.
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📊 DropsTab: Top Tokens by FDV (Fully Diluted Capitalization) Issued in the Last 30 Days
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⛏️🤔 #BTC Mining Difficulty and Hashrate Hit ATHs Amid Growing Competition - CryptoQuant
Without sufficient transaction fees to support these costs, the burden on miners could grow significantly, potentially impacting the sustainability of the mining ecosystem.